The impact of a major change in accounting for loan losses is all over the map based on the latest batch of estimates released by a smattering of banks.

This weekend roundup of Bloomberg Tax Insights includes the OECD’s digital taxation proposals; the choice between buying and leasing; how to make a finder’s fee nondeductible; and the potential for challenging taxation of out-of-state trusts.

Two Democrats on the Senate Banking Committee want the SEC to explain how it is enhancing oversight of the board that regulates auditing of public companies.

Baker McKenzie has expanded its securities litigation team in Los Angeles with new lawyers from DLA Piper and Pepper Hamilton.

Wirecard AG fell 6.3% in Frankfurt trading even as it announced a share buyback program of as much as 200 million euros ($223 million), indicating investors remain concerned over allegations surrounding the payment firm’s accounting practices.

In this episode of Talking Tax Siri Bulusu talks with Bruce Fort, counsel to the Multistate Tax Commission about GILTI and what the state-level implications are for multinational businesses.